Wheat Little Higher

Chatter that Egypt has tendered for some wheat has led to some buying early Monday morning. Market talk that Russia will rescind its export tax on July 1 has led to some selling on rallies. Wheat futures are trading a little higher Monday. May Chicago Wheat is trading at 496 3/4, up 2 1/4 cents. July Chicago wheat is trading at 493, up 3 3/4 cents. May Kansas City Wheat is trading at 512 1/2, up 3 1/2 cents.